Form 1065 Schedule K-1 Box 21 & 22

Forum|Forum|6 years ago
January 10, 2020
1 reply
20 views

How do we check the new boxes on line 21 & 22 yes for partnerships?

Lacerte Tax

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George4Tacks

Level 15

A very useful Lacerte tip - Go to that box (or line) and right click on that box (or line) > Select "Jump to Input".

If I am properly guessing which boxes you are asking about you should end up in Screen 60.2 for one and Screen 5 for the other.

Answers are easy. Questions are hard!

S

Sue2Author

Level 3

Thank you so much for the reply, George. Jump to input is not available on those fields. (Yet, maybe it will be on future releases.) The questions relate to whether there are more than 1 activity for the at risk rules and for passive activity losses. I searched in what I thought were the likely places (screen 3 misc., screen 5 other info) and have not had any luck. My client has two rental activities, one passive and one non-passive self-rental.

George4Tacks

Level 15

It worked for me in 2019. That is how I got those screens. Do you have the latest update?

Answers are easy. Questions are hard!

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